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Jewel Arias
History
24 November, 07:19
What is discount rate
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Steven Jefferson
24 November, 07:23
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i hope this is what your looking for
Explanation:
The discount rate is the interest rate used to determine the present value of future cash flows in standard discounted cash flow analysis. Many companies calculate their weighted average cost of capital (WACC) and use it as their discount rate when budgeting for a new project.
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